Education costs

FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
February 18, 2019 - 9:07 pm
Setting smart, achievable goals is important if you want to take charge of your financial life. But many of us are surprisingly bad at choosing the goals that actually matter most to us. Investment research firm Morningstar had 318 people write down their top three financial priorities, then showed...
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FILE- In this Oct. 23, 2018, file photo, students walk on the campus of Miami Dade College, in Miami. The nine companies and organizations tasked with servicing the accounts of the nation’s 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report released Thursday, Feb. 14, 2019, by the Department of Education’s independent Inspector General’s office shows some borrowers weren’t getting the guidance and protection they needed as they sought the best plan for paying off their student loans. (AP Photo/Lynne Sladky)
February 14, 2019 - 1:17 pm
NEW YORK (AP) — The nine companies and organizations tasked with servicing the accounts of the nation's 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report...
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February 14, 2019 - 9:36 am
The Education Department's independent watchdog says the agency hasn't done enough to stop student loan servicers from breaking federal rules. An audit released Thursday by the department's inspector general finds that officials who oversee student loans haven't properly tracked problems and rarely...
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FILE- In this June 15, 2018, file photo, twenty dollar bills are counted in North Andover, Mass. Default on your federal student loans and the government can take up to 15 percent of each paycheck to satisfy your debt. The Education Department can also withhold federal benefits like tax returns and Social Security payments. Garnishment is an effective tool to recoup unpaid loans, private collection agencies enlisted by the Education Department took in over $841.6 million via wage garnishment in the 2018 fiscal year, but it inflicts serious financial strain on borrowers who are already struggling. (AP Photo/Elise Amendola, File)
February 05, 2019 - 6:14 am
There's a dirty little secret of the student debt crisis. One that affects millions of borrowers, but isn't talked about at dinner tables, on social media or in think pieces about student loans. The taboo topic is wage garnishment and it works like this: Default on your federal student loans and...
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FILE - In this May 13, 2018, file photo, new graduates walk into the High Point Solutions Stadium before the start of the Rutgers University graduation ceremony in Piscataway Township, N.J. A growing number of colleges and universities are postponing tuition deadlines, waiving late fees and providing emergency grants to students whose finances have been tied up by the longest government shutdown in history. Among the latest to advertise help are Brown University, Rutgers University and the State University of New York system. (AP Photo/Seth Wenig, File)
January 24, 2019 - 9:44 pm
A growing number of colleges and universities are postponing tuition payments and offering grants to students whose finances have been tied up by the government shutdown. Statewide college systems in New York, Connecticut and Nevada have agreed to delay payments for affected students. At least 20...
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Anthony Spencer, whose wife, Chastity, right, is a furloughed federal worker, holds his daughter, Sydney, as they wait in line with others who are affected by the partial government shutdown for Philabundance volunteers to distribute food under Interstate 95 in Philadelphia, Wednesday, Jan. 23, 2019. (AP Photo/Matt Rourke)
January 23, 2019 - 2:14 pm
WASHINGTON (AP) — At this time of year, John Sprinkle and his wife would normally be planning their summer vacation. Not now. Sprinkle, a furloughed federal employee, is about to miss his second paycheck since the partial government shutdown began just before Christmas. With no end in sight to the...
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FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
January 23, 2019 - 5:39 am
Tyler Luker of Plano, Texas, is a high school junior who already knows which college he wants to attend (University of Missouri), how much it costs ($43,300 for out-of-state residents) and how much he can expect his single mother to contribute: nothing. "That's protecting my retirement," says...
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FILE- This Jan. 8, 2015, file photo shows a row of chairs with the "Pitt" logo, for the University of Pittsburgh before an NCAA college basketball game in Pittsburgh. The University of Pittsburgh is offering graduating seniors up to $5,000 in federal student loan relief with one request: They pay it forward. The school’s new program, Panthers Forward, will help recent graduates chip away at student debt and introduce them to alumni mentors to encourage professional development. Students have no obligation to repay the gift, but the university is encouraging recipients to make financial contributions to sustain the program. (AP Photo/Keith Srakocic, File)
January 17, 2019 - 6:57 am
With collective U.S. student loan debt nearing $1.5 trillion, some colleges are testing innovative solutions to help reduce student borrowing. Using no-strings-attached student loan payoff-assistance programs, college loan alternatives and annual student debt letters, these three universities are...
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This Nov. 29, 2018, photo shows credit card logos posted on a store's door in Philadelphia. On Tuesday, Jan. 8, 2019, the Federal Reserve releases its November report on consumer borrowing (AP Photo/Matt Rourke)
January 08, 2019 - 12:28 pm
WASHINGTON (AP) — Americans slowed their pace of borrowing slightly in November, but it still grew by a robust $22.1 billion. Solid auto and student loans offset some of the decline in the category that covers credit cards. The Federal Reserve said Tuesday that November's figure follows a $25...
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CORRECTS NUMBER OF OTHER RHODES SCHOLAR FROM 30 TO 31 - Harvard University graduate Jin K. Park, who holds a degree in molecular and cellular biology, poses at Harvard Yard in Cambridge, Mass., Thursday, Dec. 13, 2018. Park, who was named a Rhodes Scholar along with 31 other Americans in November, entered the U.S. illegally as a child, moving to Queens borough of New York City with his family. The undocumented student, who participates in the Deferred Action for Childhood Arrivals program (DACA), is not sure if he'll be allowed back in the U.S. after his studies in the United Kingdom. (AP Photo/Charles Krupa)
January 04, 2019 - 10:13 am
CAMBRIDGE, Mass. (AP) — He became the first "Dreamer" to win the prestigious Rhodes scholarship, but for recent Harvard University graduate Jin Park, the joy of that achievement has given way to uncertainty. The 22-year-old, who lives in New York City, risks not being allowed back in the country if...
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